Can I Make Money Online? Yep, Here’s 5 Ways
Everyday I get emails and Private Messages from people asking me “Can I Make Money Online?” and my answer to everyone is YES!!
So why are so many people having such a hard time making money online?
Simple … “Shiny Object Syndrome”
It’s unfortunate but the internet is a wasteland of scams and good people who just want to earn some extra money or create a full time income online get caught up in these scams or the shiny object syndrome everyday.
Shiny Object Syndrome is when people buy the latest super secret for making money online.
So how do intelligent people get caught in Shiny Object Syndrome?
Simple – they are told exactly what they want to hear, they are told it will be easy, push button, set and forget, never seen before, just discovered, blah, blah, blah … any of that sound familiar?
If it sounds to good to be true it is!!
To start making money online the first thing you need to do is stop listening to all the lies and bullshit. No you can’t make $30,000 in 30 days, and no you can’t just push a button and money will start rolling in.
There is NO secret to making money online.
Like anything else it takes hard work and persistence. It also takes a proven step by step plan and support.
So let me share with you 5 different ways you can make money from your website.
1) Affiliate Marketing
Since 2005 I have been making a full time living as an affiliate marketer. This is by far the easiest way to start making money online and by easy I mean there is a very low threshold for getting started.
- A Website
- A product/service to market
- A Marketing Plan
There are millions of products that are being sold through affiliate marketing.
So what are you going to market?
Many people struggle with this and there is no reason to. Many people make the mistake of marketing products that just have a large commission – sounds good on paper but usually it fails.
The best products or services to market are ones that include things you are interested in – so it can be a hobby or a passion
Simpy put – What gets you excited?
Remember you’re going to be marketing this product for a long time so marketing something that is of interest to you is going to be a lot easier (and more fun) for you then a product you have no interest in.
Where To Find Products/Services?
One of the ways to find an affiliate program for the product you want to market is simply do a search for it.
So lets say that you’re very passionate about Health and part of that passion is Herbal Supplements. To find affiliate programs for herbal supplements simple type into search:
herbal supplements + affiliate programs
So it’s your keyword and then: + affiliate programs
All the available affiliate programs will come up in the search results. But please remember not all affiliate programs are the same so do your due diligence about the program before you join.
The other way of finding products and services is to join Affiliate Networks. An affiliate network is a place where companies offer their products to the members of the network.
The network takes care of everything for the companies and for the affiliates representing these companies.
I prefer affiliate networks because there is a review process that each company has to go through before there are accepted to the network. Plus you can find 1000,s of products in one place.
Like all affiliate networks you need to apply to become part of the network. For some it is just a matter of filling out the form and for others they may call you for a short interview.
And as with most affiliate networks you are known as the Advertiser and the companies with the products are known as the Publishers.
NOTE: Still do your due diligence on companies in any affiliate network.
Some of the affiliate networks that I have worked with are:
Market Health – I really like market health – they have the world’s leading health and beauty products many that have been on TV. They are one of the best affiliate networks around.
Click Bank – Here you will find only digital products – click bank has cleaned up their network but there are still some crappy products in there so make sure to check the product out.
Commission Junction – You will find physical products in CJ many brand name companies are in the CJ network.
LinkShare – Not only does it offer affiliate products but you can also participate in Search Marketing, and Lead Generation.
Not an affiliate network but one of the largest market places is Amazon. The great thing about Amazon is it’s a very trusted name and they do all the work for you.
And what I mean is once you have sent someone to Amazon through your affiliate link Amazon does all the marketing and selling – you just got to get them there.
Plus if your customer buys something else other then the product you’re marketing you still get paid. Pretty cool huh!!
Here is the link to apply to become an Amazon Associate.
2) Contextual Ad Programs
You’ve probably heard of Adsence from Google. Adsence displays targeted Google ads on your website.
Now you’re probably saying “You can’t money with Adsence”
That’s where you are wrong – adsense can be a nice passive income. You can have a specific adsence site or add adsence on your current site.
I had some adsence sites that were making on average $1000 per month, I kept them for a while then I sold them for a nice profit.
Here’s a great example – extreme but it’s can give you an idea how powerful adsence can be.
Have you heard of the dating site Plenty Of Fish?
Well Markus Friend the CEO of plenty of fish his revenue from Adsence on average every month is $300,000 – yep that’s not a typo.
Here’s How It Works
To find other ad programs you can do a search for Contextual Ad Programs – and of course make sure you do your due diligence on any of these programs.
Here’s the link to get started with Google Adsence https://www.google.com/adsense/start/#/
3) Your Mailing List
You’ve heard the saying The Money Is In The List. Well it’s true. People on your mailing list are there for a reason.
And the reason is they Know, Like and Trust you – and if they don’t yet it is your job to build this relationship so they do. And once they do people will buy from you.
Ok so how do you build your mailing list?
You’re going to need a few things:
1) An Auto-responder (Aweber, Get Response)
2) An Compelling Free Offer
Basically what you’re doing is offering people a free offer in exchange for their contact information (name, email address)
This offer cannot be available any where else and it has to be free and it has to have real value. Once you have your offer you need to add a optin form that is attached to an auto-responder to your website – you can see mine to the right. I offer a 5 day affiliate marketing email course.
Once people provide their info the auto-responder will deliver your product or service to them automatically.
The rule of thumb with any website is to always be build your mailing list. Your mailing list is absolute GOLD so treat it that way.
Actually I did a post about how to treat your mailing list – you can learn about this here
4) Sell Advertising Space
If your website is getting a lot of targeted traffic you can sell advertising space on your site to relevant advertisers.
This is a great passive income for you.
Now what you charge it totally up to you – but you need to have the statistical information to back up your advertising rates. And that would be Monthly Unique Visitors and Monthly Page Views – fancy talk for how much traffic are you getting.
It’s best to set up a complete advertising page on your site so potential advertisers can get your rates and advertising information.
So for example things like:
What Ad Sizes Do You Offer?
160×600 Wide Skyscraper
280×70 Mini Banner
Of course your ad sizes can be anything you want these are just examples.
Where Are The Ads Placed?
Where are the display ad space or spaces on your site. What you can do is create an image showing where the display ad areas are.
What Are Advertising Periods?
- 1 month
- 3 months
- 6 months
- 12 months
What Are Your Rates?
So what are you charging for your ad space, do you give deals for long term advertising, do you have any specials?
You Can Also Use Advertising Networks
I have used buysellads.com, this is a fantastic service. They operate one of the largest advertising marketplaces on the Web. Simply put they help publishers sell ads directly to advertisers.
5) Sell Your Own Product
As I mentioned at the beginning affiliate marketing is one of the best ways to build a business online, but the ultimate method of earning money online is selling your own product.
You are in total control.
I have created a few products – and I have made plenty of money with them – in each case my business partner and I built up the products and then sold them for a profit.
Actually I’m in the works right now creating a new product – it’s about video marketing.
If you want to learn in depth about creating your own product here is a complete step by step break down of how to create a very profitable product of your own – Click Here
So you can see there are many ways of making money online. And no matter which way you decide to make money online doing so is a marathon not a sprint – and remember don’t get caught up in Shiny Object Syndrome!
I hope you found this information helpful if you have any question or comments please leave them below. And if you need any help you can always email me or better yet we can chat live one-on-one inside the wealthy affiliate.
I believe in you!